Blackhawk Capital Partners LLC purchased a new stake in Coinbase Global, Inc. (NASDAQ:COIN) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,570 shares of the cryptocurrency exchange’s stock, valued at approximately $1,542,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Europe Ltd raised its position in shares of Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the period. Cullen Frost Bankers Inc. acquired a new position in Coinbase Global in the 2nd quarter valued at about $30,000. Salomon & Ludwin LLC raised its holdings in Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the period. City State Bank acquired a new stake in Coinbase Global during the second quarter worth approximately $33,000. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Coinbase Global during the second quarter worth approximately $34,000. 68.84% of the stock is owned by institutional investors.
Key Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Launched an independent expert board to assess quantum‑computing threats and publish guidance — a proactive security move that reduces long-term systemic risk for Coinbase and crypto infrastructure. Coinbase forms board to assess quantum computing risks to blockchain
- Positive Sentiment: Coinbase says crypto entered 2026 with a healthier market structure — a messaging point that could support higher trading volumes and investor confidence if market conditions hold. Coinbase Says Crypto Enters 2026 With Healthier Market Structure
- Positive Sentiment: Announced support with Circle to create an on‑chain economy in Bermuda — a business development that could expand product reach and regulatory experimentation outside the U.S. Coinbase, Circle Announce Support To Create World’s First ‘On-Chain Economy’ For Bermuda
- Neutral Sentiment: CEO Brian Armstrong publicly debated central‑bank vs. Bitcoin roles at Davos — high profile but more reputational than immediately financial. Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’
- Neutral Sentiment: Coverage comparing shorting mechanics across Binance, Coinbase and Robinhood — informative for traders but not a direct company catalyst. Shorting Crypto on Binance, Coinbase, and Robinhood Compared
- Neutral Sentiment: Coinbase exec clarified Bitcoin’s structural differences versus central banks — supports narrative positioning but limited immediate market impact. Coinbase Exec Points Out The Big Difference Between Bitcoin And Central Banks
- Negative Sentiment: Delay in a key crypto market‑structure bill triggered White House pushback after Coinbase’s intervention — prolongs regulatory uncertainty, which investors view as a near‑term headwind for U.S. crypto revenues and product rollout. Crypto Bill Delay Sparks White House Pushback After Coinbase Intervention
- Negative Sentiment: Analysis flags COIN’s recent share weakness (10.2% decline over five sessions) and questions resilience if markets fall — amplifies short‑term selling pressure amid geopolitical/regulatory concerns. If Markets Fall, How Resilient Is Coinbase Stock?
- Negative Sentiment: Senate committee delays the crypto market‑structure bill (competing priorities cited) — another sign regulatory clarity could be slower than investors hoped. Senate Banking Committee Delays Crypto Market Structure Bill Due to Housing Priorities
Insider Transactions at Coinbase Global
Coinbase Global Stock Performance
COIN opened at $216.95 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global, Inc. has a 52-week low of $142.58 and a 52-week high of $444.64. The firm has a market cap of $58.50 billion, a P/E ratio of 18.77 and a beta of 3.70. The business’s fifty day moving average is $249.62 and its 200-day moving average is $307.28.
Coinbase Global (NASDAQ:COIN – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. Coinbase Global’s revenue was up 55.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.28 earnings per share. Sell-side analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on COIN shares. Erste Group Bank downgraded Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. B. Riley upped their price objective on Coinbase Global from $185.00 to $243.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Bank of America raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price for the company in a report on Thursday, January 8th. Finally, Needham & Company LLC decreased their price target on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $362.92.
Read Our Latest Analysis on COIN
Coinbase Global Profile
Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers.
Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools.
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